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Aegean Airlines, Fourlis, National Bank: Greek Equity Preview

Aug. 18 (Bloomberg) -- The following stocks may be active in the Greek market. Symbols are in parentheses after company names and prices are from the previous close.

The ASE Index rose 45.9, or 2.8 percent, to 1,678.06. The FTSE/ASE 20 Index of the country’s biggest companies advanced 3.7 percent to 823.6 and the Cypriot General Index gained 3.8 percent to 1,329.63.

Aegean Airlines SA (AEGN GA): The Greek carrier is scheduled to release earnings for the first six months of the year after the market close today. The stock added 1.3 percent to 2.36 euros.

Fourlis Holdings SA (FOYRK GA): The Ikea franchise-holder for Greece, Bulgaria and Cyprus had its rating cut to “neutral” from “outperform” at Piraeus Securities. The stock lost 0.6 percent to 7.95 euros.

National Bank of Greece SA (ETE GA): Greece’s biggest lender increased its stake in Stopanska Bank, its unit in the Republic of Macedonia, by 20 percent, the state-run Athens News Agency said. The shares rose 4.4 percent to 10.79 euros.

To contact the reporters on this story: Natalie Weeks in Athens nweeks2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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